7 Top Stores That Offer Bad Credit Furniture Financing

Whether you’ve just moved into a new house, condominium, or apartment, you’re going to need furniture. You will need items such as a living room set, dining room set, and bedroom set. You may want to also obtain some electronic items such as televisions, radios, and computers.

Unfortunately, your bad credit can hold you back from getting the things that you desire. Many lenders won’t take a chance on you and offer you a personal loan if you have bad credit. We wouldn’t want you to be without furniture in your home. Therefore, we created a list of the top seven stores that offer bad credit furniture financing. This piece will also include some information about bad credit loans and how you can get an approval for such loans.

Read through it and decide how you want to handle yourself.

1. Rent-A-Center

Rent-A-Center is one of the most popular places you can go to get bad credit furniture financing. The company first launched in 1973, and its headquarters is in Plano, Texas. Rent-A-Center has almost 2,500 stores across the United States and in Canada, Mexico, and Puerto Rico. This is an excellent place to go if you’re looking for bad credit furniture financing. Rent-A-Center’s financing process has nothing to do with your credit score, so it doesn’t matter if you have a good one or not. You can still get all the furniture you need and own it in a very short amount of time.

What They Offer

Rent-A-Center offers just about everything that you will need to fill up a home or apartment. Their furniture category includes complete living rooms, dining rooms, and bedrooms. You can also get lamps and TV stands if you need them. If you need appliances, it’s no problem. Rent-A-Center will do bad credit furniture financing for refrigerators, stoves, freezers, dishwashers, and more.

Rent-A-Center can also fulfill your office needs. You can request bad credit furniture financing for a laptop or desktop from a variety of manufacturers. If you’re into gaming, you can finance one of the latest and greatest gaming systems if you desire. You can also get a television with or without a home theater system. Additionally, Rent-A-Center sells smartphones, as well. Therefore, you can literally get anything your heart desires from this provider.

How Their Process Works

Rent-A-Center’s application process is very simple. You can request an item by ordering it online, or you can walk into one of the many stores to get what you need. You will have to fill out a quick application and also provide Rent-A-Center with your pay stubs so that they can verify that you work.

Once you gain approval for bad credit furniture financing from Rent-A-Center, you will sign a finance contract and then make your first payment for this bad credit loan. Payments can be monthly, weekly, or biweekly.  You choose the way you want to pay for your furniture. The delivery persons will deliver your furniture on the date you agree to, and you will pay for your items each payment period until you pay off the entire contract. Once you’re done paying for your furniture, it’s all yours. You can rent additional items from Rent-A-Center, or you can keep the ones you have and be completely happy with that.

2. Aaron’s

Aaron’s is another store that offers bad credit furniture financing. It’s classified as a lease-to-own store, which describes the process perfectly. Aaron’s first opened its doors in 1955. The company now has almost 2,000 across the United States. Aaron’s also has more than 11,000 employees and earns approximately $3 billion a year.

What the Store Offers

Aaron’s offers a lot of the same merchandise that Rent-A-Center offers. You can find bedroom sets, televisions, desktops and their monitors, and so on. Freezers and air conditioning systems are available too!

How the Process Works

Aaron’s is a bit different from Rent-A-Center in its approach to approving customers. You can receive approval if you have a decent history. You must pay the first bill before you will receive the furniture. After Aaron’s delivers your furniture, you will have to start making your monthly payments. Bad credit furniture financing usually lasts 12 to 24 months.

3. Fingerhut

Fingerhut is more like a bad credit lender than a provider of bad credit furniture financing. The company first opened up its doors in 1948, and William Fingerhut is the founder. Fingerhut is one of the leading providers of bad credit furniture financing, but it also provides consumers with a plethora of other goods. The company has more than 6,000 employees and grosses more than $500 million each year.

What They Offer

If you visit the website, you will see that there are many items that you can buy. You can buy furniture, clothing, shoes, electronics, housewares, exercise equipment, office items, smartphones, and much more. Not only can you furnish your house through this company, but you can also tighten up your wardrobe.

How It works

Interested persons can apply for a Fingerhut account online. They will get an answer quickly. Upon approval, new customers will be allowed to order the items that they desire. They will then make monthly installments to repay the company for the furniture they purchased.

Fingerhut offers two types of bad credit furniture financing to its customers:

• One line of credit is called the “Fresh Start” line. It’s something that the company offers to people who have severely damaged credit profiles. It is a personal line of credit rather than a revolving credit line. Fingerhut approves its new clients for that line of credit first.
• If you make all of your payments on time, you will then graduate to the next level, which is a full-fledged credit account.

Fingerhut is one of the best companies for credit line increases. They periodically review their customers’ payment histories and automatically give them regular credit line increases when they pay their bills on time. They are a very great company for any person who wants to rebuild his or her credit and is ready to pay his bills on time. Many people have used Fingerhut to get their credit rebuilt and their reputations strong again after something like a bankruptcy or foreclosure. Such people have had access to a whole new world of loan products just because they did their recovery shopping with Fingerhut.

Of course, there are still other ways to improve your credit score, but Fingerhut can help you rebuild it.

4. FlexShopper

FlexShopper is a fairly new lease-to-own type provider where you can get a vast assortment of furniture and other items online. The company makes it easy for all people who have bad credit to get the items that they desire. The process of getting those goods is very easy. Anyone can get approved as long as they meet the criteria.

What They Offer

FlexShopper offers a broad range of items from furniture to microphones and television. They also have exercise equipment, home appliances, outdoor furniture, and even tires. FlexShopper offers its customers a line of credit of up to $2,500 that they can spend on a variety of items in the online store.

How It Works

To qualify for a FlexShopper account, the applicant has to be at least 18 years old to sign a contract. The individual must also have an income and a bank account that is in good standing.

The initial process only takes about five minutes. The applicant needs to supply his or her name, phone number, address, and some additional information. Once that process is finished, the individual needs to supply FlexShopper with a bank account number. FlexShopper will link to the bank account and will then decide whether the person qualifies for a credit line. The consumer will receive the decision right away and can begin shopping immediately.

The FlexShopper lease contract is for 12 months with weekly payments. The payments will be automatically deducted from the person’s bank account. If the consumer makes all of his or her timely payments, the item will become that person’s item. The customer can also lend the lease agreement at any time. He or she just has to notify FlexShopper that the item is unwanted and return it in pristine condition.

5. Snap Finance

Snap Finance is a company that is around specifically for customers who have bad or damaged credit. They offer an easy application process and a credit line of up to $3,000. The company first started operating in 2015 and has a headquarters in Utah. The company is notated as being a specialty finance company.

What They Offer

Snap Finance offers a vast assortment of goods for consumers with not-so-perfect credit. They do have a furniture section. Therefore, you can consider them for your bad credit furniture financing. However, they also offer a wide range of products in the categories of wheels and tires, mattresses, electronics, appliances, car audio, jewelry, and mobile phones.

How It Works

The process of getting bad credit furniture financing starts with an application that takes about five minutes to finish. The application asks for the applicant’s name, email address, and phone number. The applicant must go through the verification process via SMS before they can continue with the application. Once the application is finished, the person will receive a decision on a credit line. He or she will know exactly what’s available to spend, and the individual can start using that credit line immediately. The repayment style will be based on the consumer’s agreement with the company.

6. Ashley Furniture

Ashley Furniture is a Wisconsin-based company that has been in business since 1945. They provide bad credit furniture loans to consumers who need to furnish their dwellings. The deal at Ashley’s is not lease-to-own. It’s an actual finance deal, and the consumer has to sign a contract to get it. Qualified applicants can get the items they want and have them paid off within 60 months. Ashley Furniture offers a lot of deals and discounts to their customers. New clients can be privy to some amazing deals right now if they apply.

 What They Offer

Ashley Furniture is a store that deals mostly with furniture. It sells beds and bedroom sets, kitchen furniture, living room items and so forth. They have lighting, rugs, holiday decor, and other such items, as well. Shoppers can also find outdoor furniture if they’re looking to furnish the entire home. Additionally, there is a “deals” section that visitors can look at if they want to find some deals to take advantage of the day they get approval for credit. Currently, new customers can get up to 75 percent off their purchase.

How It Works

Ashley Furniture differs from some other companies we mentioned today because they do not offer financing with no credit check. They do, however, offer bad credit furniture financing. Their bad credit furniture financing starts with the approval of debtors who have credit scores that are as low as 550. They will still approve those customers and allow them to have traditional financing on the furniture they desire. To qualify for financing, the consumer has to be 18 years of age and able to sign a contract. The person must complete a form and show proof of income to get approval. Once he or she gains approval, the person can begin shopping for furniture.

7. Elgin Furniture

Elgin Furniture is based in Ohio, and it offers credit lines to consumers without checking their credit. They first started operating in 1949, and they’ve been helping consumers to get bad credit furniture financing since then. Elgin Furniture has many happy customers and are delighted to continue to serve the communities of Ohio and beyond. They promise their customers three things: no credit needed, next-day delivery, and a low guaranteed price.

What They Offer

Elgin Furniture is not a variety shop. Therefore, it sticks to furniture-related items. Consumers can visit Elgin Furniture for items such as mattresses, home office products, televisions, living rooms, bedrooms, and dining rooms. Additionally, they have a variety of appliances and home decor. There’s a section that offers markdowns for people who want to get the most savings they can possibly get. It’s a separate category of items that have been marked down for different reasons. The most common reason that something gets marked down is that it didn’t sell quickly enough. That means that customers can grab hold of some amazing furniture for much less than they would normally pay.

How It Works

Elgin’s finance application is pretty straightforward. It asks for the customer’s name, date of birth, social security number, address, and mobile phone number. The company then gathers a little more information, and the applicant finds out whether he or she has a line of credit. A new client can start shopping right away. The individual will then pay for the product in monthly installments for 18 months. He or she can choose to pay off the item for the normal retail price within 90 days of buying it.

Those are just a few of the places a consumer can seek bad credit furniture financing. Interested persons should look into those seven establishments to see if they can grab hold of what they need. If everything works out, the consumer can furnish his or her entire dwelling with bad credit furniture financing. No one ever has to worry about getting furniture in the home. It’s easy to get furniture with all the options for bad credit furniture financing. A myriad of companies is available, and all of them will be delighted to offer furniture to a new client.